[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3398 Introduced in House (IH)]







109th CONGRESS
  1st Session
                                H. R. 3398

   To amend the Internal Revenue Code of 1986 to make permanent the 
 deduction for corporate donations of scientific property and computer 
                              technology.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 21, 2005

  Mr. Terry introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
   To amend the Internal Revenue Code of 1986 to make permanent the 
 deduction for corporate donations of scientific property and computer 
                              technology.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. DEDUCTION FOR CORPORATE DONATIONS OF SCIENTIFIC PROPERTY AND 
              COMPUTER TECHNOLOGY.

    (a) In General.--Section 170(e)(6) of the Internal Revenue Code of 
1986 is amended by striking subparagraph (G).
    (b) Effective Date.--The amendment made by subsection (a) shall 
apply to contributions made in taxable years beginning after December 
31, 2005.
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